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SGX prices debut US$250 mil notes with 1.234% p.a. coupon

Atiqah Mokhtar
Atiqah Mokhtar • 2 min read
SGX prices debut US$250 mil notes with 1.234% p.a. coupon
The bond issuance was more than 9 times over-subscribed.
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Singapore Exchange (SGX) has launched and priced its debut US$250 million ($338.3 million) issuance of notes due 2026 under its $1.5 billion multicurrency debt issuance programme (MTN programme) which was established in October 2019.

The notes will carry a coupon rate of 1.234% per annum, payable semi-annually. The notes are expected to mature in September 2026.

Moody’s Investors Service has assigned Aa2 long-term local and foreign currency ratings to both the senior unsecured component of SGX’s MTN Programme and to the maiden drawdown.

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